[2015]DLCA7993February 12, 2015Court of Appeal

AFARE APEADU DONKOR16 BORSTAL AVENUE ROMAN RIDGE ACCRA vs. EDC STOCKBROKERAGE LIMITED5, SECOND RIDGE LINK NORTH RIDGE ACCRA AND ECOBANK GHANA LTD, 19TH AVENUE RIDGE WEST ACCRA.

SOWAH, J.A: This is an appeal from the judgment of the High Court [Fast Track Division] Accra dated 12th July 2011, which entered judgment in favour of the plaintiff/respondent and dismissed the counterclaims of the defendants/appellants'. Aggrieved by this judgment, the defendants/appellants filed separate grounds of appeal. The 1st Defendant/Appellant’s grounds of appeal were as follows: a. That the evidence is against the weight of the evidence. b. That the conclusions reached by the Judge are defiance (sic) of logic and are so unreasonable or to amount to errors of law. c. That additional grounds of appeal shall be filled upon receipt of the record. The 2nd Defendant/Appellant’s grounds of appeal were as follows: i. The decision was against the weight of the evidence. ii. The learned trial Judge erred in concluding that since the loan granted to William Oppong-Bio by the 2nd defendant/appellant had been cancelled, the guarantor’s 18,120,000 shares given as securit...